Jindal Stainless Share Price in Focus; Supplies Steel for India's First Hydrogen-Powered Train

Written by: Team Angel OneUpdated on: 17 Jul 2026, 8:39 pm IST
Jindal Stainless has supplied around 40% of the stainless steel required for India's first hydrogen-powered train, supporting cleaner and energy-efficient rail mobility.
Jindal Stainless Share Price in Focus
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Jindal Stainless Limited has supplied around 40% of the total stainless steel requirement for the coach bodies of India's first hydrogen-powered train, strengthening its contribution to the country's next-generation rail infrastructure. 

The stainless steel, supplied from the company's Jajpur and Hisar plants, has been used in a train equipped with a hydrogen propulsion system, supporting Indian Railways' transition towards greener mobility solutions.  

Stainless Steel Powers Green Mobility 

The company supplied the premium austenitic stainless steel grade X5CrNi1810, which has been selected for the fabrication of the hydrogen-powered train. 

According to Jindal Stainless, the material offers corrosion resistance, crash-worthiness, a high strength-to-weight ratio, fire and impact resistance, durability and recyclability. Its lightweight properties also improve energy efficiency, making it suitable for next-generation rail transport.  

Longstanding Contribution to Indian Railways 

Jindal Stainless has been supplying stainless steel to Indian Railways for more than three decades, contributing to projects including the first LHB coaches, Vande Bharat Sleeper, India's first Vande Metro, metro and inter-city train sets, wagon bodies and the country's first corrosion-resistant stainless steel salt containers for freight transportation. 

The company said these projects reflect the increasing adoption of stainless steel in building safer, more durable and sustainable transportation infrastructure.  

Management Commentary 

Abhyuday Jindal, Managing Director of Jindal Stainless, said the future of mobility will depend on "cleaner sources of energy" supported by "advanced materials" that improve efficiency, durability and sustainability. 

He described the hydrogen-powered train as "an important milestone in the country's clean mobility journey and its vision of Atmanirbhar Bharat," adding that the company remains committed to delivering material solutions that enable innovation, sustainability and long-term value.  

Read More: Indian Oil Corporation Share Price in Focus as Board Meeting Scheduled for July 31, 2026, to Approve Q1 FY27 Financial Results! 

Jindal Stainless Share Price Performance  

As of 17 July 2026, at 2:48 PM, Jindal Stainless Limited share price was trading at ₹736.20 per share, reflecting a decline of 0.18% from the previous trading session. 

Conclusion 

The supply for India's first hydrogen-powered train reinforces Jindal Stainless role in advancing sustainable transportation. The project also highlights the growing importance of stainless steel in enabling cleaner, safer and more energy-efficient mobility solutions for the country's evolving railway infrastructure.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 17, 2026, 3:09 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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